How Will The Fitness Platforms For Disabled Market Globally Expand In 2023?
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s fitness platforms for disabled market report forecasts the fitness platforms for disabled market size to grow to $3.98 Billion by 2027, with a CAGR (compound annual growth rate) of more than 22%.
Learn More On The Fitness Platforms For Disabled Market Report 2023 – https://www.thebusinessresearchcompany.com/report/fitness-platforms-for-disabled-global-market-report
Fitness Platforms For Disabled Market Size Forecast
The global fitness platforms for disabled market is expected to grow from $1.41 billion in 2022 to $1.76 billion in 2023 at a compound annual growth rate (CAGR) of 24.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fitness platforms for disabled market size is expected to grow to $3.98 billion in 2027 at a CAGR of 22.7%.
North America held the largest fitness platforms for disabled market share, and Asia-Pacific was the fastest-growing region in 2022.
Key Fitness Platforms For Disabled Market Driver – Growth In The Prevalence Of Chronic Diseases And Disabilities
For instance, according to the World Health Organization, a Switzerland-based specialised agency of the United Nations, noncommunicable diseases kill 41 million people each year, equivalent to 71% of all deaths globally, and cardiovascular diseases account for most NCD deaths globally. Over 1 billion people are estimated to be disabled. Therefore, the growing prevalence of chronic diseases and disabilities is driving the fitness platforms for the disabled market.
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Key Fitness Platforms For Disabled Market Trend – Adopting Artificial Intelligence
Many companies operating in the disabled fitness platform market are adopting artificial intelligence to strengthen their position in the market. For instance, in January 2022, Gofa International, a US-based AI-powered fitness and education technology company operating in the fitness platform for the disabled market, launched GOFA Fitness, a smart exercise app powered by AI technology, GPS, 3D motion tracking technology, and machine learning to provide users with live feedback during workouts and integrates into the smartphone’s camera, making it an ideal travel companion for workouts.
Fitness Platforms For Disabled Market Segment
1) By Platform: Android, iOS, Other Platform
2) By Device: Smartphones, Tablets, Wearable Devices
3) By Application: Exercise and Weight Loss, Diet and Nutrition, Activity Tracking, Other Applications
Fitness Platforms For Disabled Market Major Players and Strategies
Major players in the fitness platforms for disabled market are Apple Inc., Kakana, Adaptive Yoga Live, Champion’s Rx, Evolve21, Kym Nonstop, Exercise Buddy, LLC, Special Olympics, Youtube, Hulu LLC, Evolve21, GOFA International, Peloton, GPBR Participacoes Ltda., and Tonal.
In October 2021, Mindbody, a US-based fitness booking and managing company, acquired ClassPass foran undisclosed amount. The acquisition would bring together the expertise of both the companies to provide seamless experience to the consumers. ClassPass is a US-based online fitness membership company.
The Fitness Platforms For Disabled Global Market Report 2023 covers regional data on fitness platforms for disabled market size, fitness platforms for disabled market trends and drivers, opportunities, strategies, and fitness platforms for disabled market competitor analysis. The countries covered in the fitness platforms for disabled market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
A virtual fitness platform for the disabled is an online arena that offers live or on-demand fitness lessons to people with disabilities. The password-protected workout platform is frequently included as part of a subscription package.
View More Reports Related To The Fitness Platforms For Disabled Market –
Fitness Tracker Global Market Report 2023
Fitness App Global Market Report 2023
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